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September 03, 2014
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17.1    Applicable law
Parties are free to agree upon the law to be applied by the Tribunal and the Tribunal shall apply such law to the substance of the dispute.In the absence of such agreement, the Tribunal shall apply the law which it determines to be appropriate.

17.2    Amiable compositeur, ex aequo et bono
The Tribunal shall decide as amiable compositeur or ex aequo et bono only if and to the extent that the parties have expressly authorized the Tribunal to do so.

17.3    Contract provisions, trade usages
In all cases, the Tribunal shall take account of the provisions of the contract, if any, and the relevant trade usages.

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